Chelmsford, MA Economy

Chelmsford, MA is a bustling area with plenty of activities and attractions. Rent for a two bedroom in Chelmsford is slightly above the US average at $2,270 per month. The cost of groceries in Chelmsford is also higher than the national average, with a Grocery Cost Index of 108 compared to 100 in the US. There are plenty of local businesses to explore, including Boston Sports Club, Market Basket, Applebees, and more. Along with these local companies there are also many unique boutiques and restaurants that make Chelmsford an exciting place to live.

Chelmsford has an unemployment rate of 5.4%. The US average is 6.0%.

Chelmsford has seen the job market increase by 4.3% over the last year. Future job growth over the next ten years is predicted to be 43.4%, which is higher than the US average of 33.5%.

Tax Rates for Chelmsford
- The Sales Tax Rate for Chelmsford is 6.3%. The US average is 7.3%.
- The Income Tax Rate for Chelmsford is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Chelmsford
- The average income of a Chelmsford resident is $44,699 a year. The US average is $28,555 a year.
- The Median household income of a Chelmsford resident is $123,630 a year. The US average is $69,021 a year.

Income by Population Percent

Economy	Chelmsford, Massachusetts	United States
	5.4	6
	-8.5%	-6.2%
	43.4%	33.5%
	6.3%	6.2%
	5.1%	4.6%
	$53,430	$37,638
	$123,630	$69,021
	$142,403	$85,028
Population by Occupation
	0.7%	1.2%
	0.0%	0.5%
	5.2%	6.8%
	16.3%	10.0%
	2.5%	2.5%
	8.3%	11.0%
	2.3%	4.8%
	0.5%	0.8%
	3.6%	1.9%
	4.9%	4.7%
	1.9%	1.9%
	16.0%	7.6%
	0.3%	0.1%
	3.2%	4.2%
	11.3%	9.3%
	12.5%	14.0%
	1.2%	2.1%
	2.8%	7.0%
	3.4%	4.8%
	3.1%	4.7%